Properties of the iterative optimization-equilibrium algorithm

Terry L. Friesz, Patrick T. Harkert

Research output: Contribution to journalArticlepeer-review

24 Scopus citations

Abstract

This paper shows that the iterative optimization-equilibrium algorithm used to solve the continuous network design problem does not solve the original Abdulaal-LeBlanc normative network design model, but rather is an exact and efficient solution procedure for a descriptive model in which the planner and the network users compete in a Cournot-Nash setting. The existence of a solution to this descriptive model is proved, numerical results which illustrate convergence and efficiency of the algorithm are given, and suggestions for future research are made.

Original languageEnglish (US)
Pages (from-to)142-154
Number of pages13
JournalCivil Engineering Systems
Volume2
Issue number3
DOIs
StatePublished - Sep 1985

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development

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